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Sorry you can’t download and install Turbo Tax on an iPad or mobile device.   You need a full Windows or Mac computer.  Either do 2024 by hand or go to a local tax place.    2024 & 2025 Turbo Tax System Requirements TurboTax® Desktop 2024-2025 System Requirements    

@M-MTax Regarding e-filing, is Intuit under any requirement (self-imposed or regulatory) to retain filing data for only as long as it's required to transmit to Federal and State agencies?  Or do we know for sure that they retain e-file data as long as they retain online-prepared forms, i.e indefinitely?

Not at all.  If you are willing to endure the pain of moving off Windows altogether then you may be rewarded with an OS that actually meets your needs.  As long as you still make some provision for TurboTax.  😉   (And when they get rid of Desktop products altogether then it probably won't matter which browser you run from whatever OS, in spite of Intuit's "minimum system requirements".)

@M-MTax    Change for change's sake should be resisted.  Please don't slap another new coat of paint on the same old set of annoyances, thereby creating additional annoyances...   If you're going to force me to buy into or upgrade to new shiny, please make it new from the bottom up.  Make it worth my time and/or money to endure your upgrade.   </preaching to choir?>  

@airdisc , absent any other data/details, if Govt. of India  IT is using 2001 as the basis, then that is the best figure you have.  And use that for the US filing purposes.  Just keep records of how you got that figure. Note that if the prop. was used for in come generation during your wife's ownership, then you would need to recognize  any allowable depreciation ( for purposes of gain calculation and recapture).    Is there more I can do for you ?   Namaste ji   pk

@Kbird35 wrote: PLS HELP…getting different answers from everyone No offense but you should stop asking "everyone" who is NOT an estate/trusts attorney or similar professional with experience drafting, reviewing, and administering trusts.   Of course, a trust can work in the manner you described but it needs to be drafted and funded properly. The main issue is the trust cannot be owned by the grantor (or controlled at the grantor's discretion, among other things).    If you were to set up an irrevocable trust with an independent trustee and beneficiaries other than you, then it could work as you outlined. However, when the trust is funded, the funds transferred into the trust are treated as gifts to the beneficiaries, which could present a different issue.   Discuss your desired outcome with a qualified professional in your area.

@BTI  I'm hesitant to answer because I don't know what you mean by incurring expenses on behalf of a business.   A typical non-business bad debt would be something like you hire a contractor to remodel your kitchen, pay a deposit, then they skip town.  You have a contract that created a legal obligation and you aren't getting what you paid for.   If you are in business, you deduct your expenses as per usual.  You don't get an extra deduction for a contract that goes bad, your tax "Reduction" comes from the fact that you don't have income to offset the expense, and when your income is lower, your taxable profit is lower.  For example, you are a painter and you have a contract to purchase some speciality paint for a specific job that can't really be used for other jobs.  The client goes out of business and you are stuck with the specialty paint.  You already deducted the paint as a business expense, now you don't get income, so your taxable profit is lower, but you don't get a second, extra deduction.   So it depends on what you mean by incurring expenses for another business that were not reimbursed.  Was this in the course of your own business activities, or your non-business personal life?  How would you incur expenses, and what kind of contract or legal obligation does this create between you and the business?   This is what the IRS says https://www.irs.gov/taxtopics/tc453

it's only the desktop version that requires Windows 11; you can use the online version with windows 10.    https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-system-requirements/turbotax-online-system-requirements/L7zfcGG5b_US_en_US